Introducing a prime investment opportunity in Los Angeles, this meticulously maintained residential income property features three units offering desirable layouts and amenities. The front unit comprises a spacious 2-bed, 1-bath layout, while the two rear units offer cozy 1-bed, 1-bath and 2-bed 1-bath accommodations. Ample parking, a long driveway, and a large lot enhance convenience and potential. With a strong rental history and promising returns, this property presents an excellent opportunity for investors seeking a hassle-free income stream in a sought-after location. Don't miss out on this lucrative investment prospect! (This Property is part of Los Angeles County, not city!)
Sold for $655,000
Listed by: Century 21 A Better Service • Alberto Sanchez • Contact: 323-326-0133
Bought with: CENTURY 21 REALTY MASTERS
$655,000
1525 E 87th Pl, Los Angeles, CA 90002
5beds
--baths
1,541sqft
Triplex
Built in 1951
-- sqft lot
$722,900 Zestimate®
$425/sqft
$3,525 Estimated rent
Home value
$722,900
$672,000 - $766,000
$3,525/mo
Zestimate® history
Owner options
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$3,525/mo
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$4,275/mo
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$4,275/mo
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Ample parkingLong driveway
Zillow last checked:
Listing updated:
Listed by:
Alberto Sanchez DRE #02028262 323-326-0133,
Century 21 A Better Service
Bought with:
ERIK RUIZ, DRE #01916546
CENTURY 21 REALTY MASTERS
Source: CRMLS,MLS#: DW24039753
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,541
- Total interior livable area: 1,541 sqft
Property
Features
- Entry location: Front.
- Pool features: None
Lot
- Size: 5,666 Square Feet
- Features: Back Yard, Front Yard, Landscaped, Rectangular Lot
Details
- Parcel number: 6044002043
- Zoning: LCR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $668,100
- Annual tax amount: $9,771
- Date on market: 2/27/2024
- Cumulative days on market: 34 days
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2024 | Sold | $655,000+0.9%$425/sqft |
Source:  CRMLS #DW24039753 Report a problem | ||
| 4/9/2024 | Pending sale | $649,000$421/sqft |
Source: CRMLS #DW24039753 Report a problem | ||
| 2/27/2024 | Listed for sale | $649,000+209%$421/sqft |
Source: CRMLS #DW24039753 Report a problem | ||
| 2/8/2010 | Sold | $210,000-58.8%$136/sqft |
Source: Public Record Report a problem | ||
| 1/17/2006 | Sold | $510,000+45.7%$331/sqft |
Source: Public Record Report a problem | ||
| 8/9/2004 | Sold | $350,000+40.6%$227/sqft |
Source: Public Record Report a problem | ||
| 4/16/2002 | Sold | $249,000+60.1%$162/sqft |
Source: Public Record Report a problem | ||
| 7/26/2001 | Sold | $155,500-1.8%$101/sqft |
Source: Public Record Report a problem | ||
| 2/18/2000 | Sold | $158,303+5.5%$103/sqft |
Source: Public Record Report a problem | ||
| 3/18/1998 | Sold | $150,000+97.4%$97/sqft |
Source: Public Record Report a problem | ||
| 6/27/1997 | Sold | $76,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,771 +100.1% | $668,100 +151.4% |
| 2024 | $4,883 +7.1% | $265,746 +2% |
| 2023 | $4,559 +3.9% | $260,536 +2% |
| 2022 | $4,386 +1.1% | $255,428 +2% |
| 2021 | $4,337 -0.5% | $250,420 +1% |
| 2020 | $4,360 | $247,853 +2% |
| 2019 | $4,360 +5.5% | $242,994 +2% |
| 2018 | $4,131 | $238,231 +2% |
| 2017 | $4,131 +1.8% | $233,561 +2% |
| 2016 | $4,059 +2.3% | $228,982 +1.5% |
| 2015 | $3,967 +1.1% | $225,543 +2% |
| 2014 | $3,922 | $221,125 +2.5% |
| 2012 | -- | $215,810 +2% |
| 2011 | -- | $211,580 -45.1% |
| 2010 | -- | $385,200 -28.8% |
| 2009 | -- | $541,214 +2% |
| 2008 | -- | $530,603 +2% |
| 2007 | -- | $520,200 +45.7% |
| 2006 | -- | $357,000 |
| 2005 | -- | $357,000 +38% |
| 2004 | -- | $258,721 +40.9% |
| 2003 | -- | $183,600 +18.1% |
| 2002 | -- | $155,500 -0.2% |
| 2000 | -- | $155,834 |
Find assessor info on the county website
Neighborhood: 90002
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Russell Elementary SchoolGrades: K-6Distance: 0.4 mi
- 2/10Charles Drew Middle SchoolGrades: 7-8Distance: 0.2 mi
- 3/10Academy For Multiligual Arts And Science At Mervyn M. Dymally HighGrades: 9-12Distance: 1.3 mi
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Estimated market value
$722,900
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Estimated market value
$722,900
- California
- Los Angeles County
- Florence-Graham
- 90002
- 1525 E 87th Pl
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